Inflated prices for the land and huge legal bills
  Home FAQ Contact Sign in
nashville.general only
 
Advanced search
POPULAR GROUPS

more...

nashville.general Profile…
 Up
Inflated prices for the land and huge legal bills         


Author: InfoSuperHwyRoadKill
Date: Sep 18, 2008 14:57

"She inherited the city with no debt, and suddenly we have a lot of debt,"
she said. "I don't think that labels her as a true fiscal conservative."

In 1999, the Nature Conservancy was negotiating to sell the land to the city
and Lundgren, but he says that although he signed a purchase agreement with
the group, the city did not.

Lundgren purchased 325 acres from the Nature Conservancy, but the city filed
a lawsuit claiming ownership of land it believed it owned. In 2002, a
federal court sided with Lundgren, finding that the city had never signed
the proper papers.

But by then, the 80-acre complex was under construction; Palin gave the
go-ahead to begin while the issue was still in court. After Palin left
office, the city sought to obtain the tract it needed for the sports complex
through eminent domain, leading to another court battle.

"I'm curious as to why somebody in the previous administration didn't make
sure that we had clear title before we started building, because certainly
once we started building, we were over a barrel," Woodruff said.

http://www.cnn.com/2008/POLITICS/09/18/palin.arena/
no comments

RELATED THREADS
SubjectArticles qty Group
Sale Price Seiko Chronograph Fake - Seiko Minimum Price Wholesalerec.games.tradingcards.misc ·